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| Exchange Disseminated Time | | Jayaswal Neco Industries Ltd has informed BSE that the members of the Company, by way of Postal Ballot have passed the special resolution regarding accorded to the Board of Directors of the Company to make loan(s) and / or give any guarantee(s) make investment(s), provide any security(ies) in connection with loan(s) made so however that the aggregate loans, guarantees, investments and securities together with the loans, guarantees, investments or securities already given or to be given and outstanding may exceed 100% its Free Reserves or 60% of its the paid up Share Capital and Free Reserves as at the end of the relevant financial year whichever is higher but shall not exceed Rs 500 Crores (Rupees Five Hundred Crores only). |
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